Texmaco Wins Indore Metro’s Track Work Contract IN08
Texmaco Rail and Engineering Ltd. (TexRail) on Saturday was declared as the lowest bidder to supply and install standard gauge tracks (Package BH-07) for Indore Metro’s Phase 1 project.
Tracks from this contract will be installed at the 33.53 km Yellow Line’s Gandhi Nagar Depot, 24.06 km partially under construction elevated section (Indore Airport – Bhawrasla – Railway Station) and 7.48 km underground section (Indore Airport – Bada Ganapati – Railway Station).
Madhya Pradesh Metro Rail Corporation Ltd. (MPMRCL) had invited tenders for this contract financed by European Investment Bank (EIB) in February with a 1274 day (3.49 year) deadline and unknown estimate.
Technical bids were opened in July to reveal 4 bidders. RVNL and VNC were disqualified as their bids were not compliant with the tender’s conditions.
Financial Bid Values
|Firm||Bid (Rs. Crore)|
|Texmaco Rail and Engineering Ltd. (TexRail)||252.88|
|Larsen & Toubro Ltd. (L&T)||262.32|
|Rail Vikas Nigam Ltd. (RVNL)||Disqualified|
|Vijay Nirman Company Pvt. Ltd. (VNC)||Disqualified|
Scope: Design Supply Installation Testing Commissioning of Ballastless Track of Std Gauge Yellow Line Gandhinagar Bawarshala Bengali Square and Underground from Indore Rly Station to airport Station, Corridor along with Ballasted/Ballastless Track at Depot
MPMRCL’s estimate is unknown to me, so I can’t provide an assessment on the chance of a LOA getting issued to Texmaco.
This is the 4th and final track-related contract for Indore’s 33.53 km Phase 1 project. The previous 3 have been clubbed together with Bhopal Metro’s Phase 1.
A list of all Indore Metro’s civil packages and their status can be viewed here.
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